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How do I become a bank manager?
I'd like to become a bank manager. #bank #banking #finance #business #business-development
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7 answers
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Sophie’s Answer
Every manager had to start somewhere. Think about the particular elements of finance that are most interesting to you and try to hone in on the typical process for reaching a management position in this field. Banking as a broad topic encompasses many many different professions. Start researching what types of careers exist within banking and try to ask family and friends if they know anyone who they could put you in touch with to learn more and understand what they do.
In the mean time, also start reading as much business news as you can. It's very important to understand the world you want to go into.
In the mean time, also start reading as much business news as you can. It's very important to understand the world you want to go into.
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Paula’s Answer
I agree with Sophie's answer as well.. Every manager has to start somewhere.. There are many opportunities for growth in a bank. Starting at the Teller level if you can, learn as much as you can, do a good job and keep an eye out for opportunities.
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Shraddha’s Answer
The foremost step to be in any good position in a bank is to have a strong financial acumen, an eye for detail and an overall understanding and interest in the ongoings around the world and its impact on the economic environment. This is something that you will have to build upon early on.
The next steps, from an Indian context, is simpler.
In case of public sector bank you need to appear for IBPS PO examination. Once you clear PO examination within two to three years you will be promoted to assistant manager. Within 5 years of joining you will be able to reach the position of bank branch manager.
Another way to become a bank manager is to opt for a specialised postgraduate diploma or degree program in Banking as many private banks like Syndicate Bank, Kotak Bank, ICICI Bank, Indian Overseas Bank, etc. are associated with certain universities and hire best-fit candidates by carrying out yearly placement drives for MBA in Banking or PG Diploma in Banking/Finance graduates.
The next steps, from an Indian context, is simpler.
In case of public sector bank you need to appear for IBPS PO examination. Once you clear PO examination within two to three years you will be promoted to assistant manager. Within 5 years of joining you will be able to reach the position of bank branch manager.
Another way to become a bank manager is to opt for a specialised postgraduate diploma or degree program in Banking as many private banks like Syndicate Bank, Kotak Bank, ICICI Bank, Indian Overseas Bank, etc. are associated with certain universities and hire best-fit candidates by carrying out yearly placement drives for MBA in Banking or PG Diploma in Banking/Finance graduates.
Nhat Le
Graduate student at Harvard Extension School and the City University of Seattle
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Nhat’s Answer
You just need to study well in the business degree with the financial focus in your university. You should get as highest as possible in your GPA, find an internship to improve your skills and read financial books to extend your knowledge. Then, you just need to apply any bank that you like for the manager position. I hope that you can complete your dream in the future.
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Faten’s Answer
You will have to study something related to finance.
You should start as a teller and then move to a managerial position (i.e. head of operations) then assistant branch manager then eventually branch manager.
You should start as a teller and then move to a managerial position (i.e. head of operations) then assistant branch manager then eventually branch manager.
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Mark’s Answer
The best way to work your way up to a bank manger is to start off as a bank teller. I worked my way up from a PT bank teller to bank manager. You will learn all the skills needed to be a manager on this path. You should be willing to move offices whenever a new opportunity presents itself, this will move along your progression to bank manager faster.
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Katya’s Answer
I will share with your my career path. I am a Financial center Manager currently. before I started as a teller/cashier and worked for 6 moths but during this I was always eager to learn and be a step ahead. So when a career or a position would become available I would be ready and not start from beginning. After I was a teller- I applied for a relationship banker/csr position and started to learn an operational supervisor job on the job learning. I would learn different tasks and always ask for additional assignments as I wanted to progress fast and not wait . after I became a supervisor -I applied for an assistant manager position within a different financial institution and got the job. on the job I was not only performing my job but also doing and learning how to be a Bank Manager as this was my next step.
Being a Bank Manager- tackles different competencies and some people underestimate what it’s like to be a manager- as a manager you need be able to solve difficult problems for clients, you need to coach your associates, many times you will b heaving difficult performance conversations with your associates. You need to be able to lead and develop one team and delivery expected performance results.
so you need to choose do you want to be a go to manager, do you have the ability to lead diversified teams- can you bring the team together, can you motivate daily and can you hold accountable to daily results.
Being a Bank Manager- tackles different competencies and some people underestimate what it’s like to be a manager- as a manager you need be able to solve difficult problems for clients, you need to coach your associates, many times you will b heaving difficult performance conversations with your associates. You need to be able to lead and develop one team and delivery expected performance results.
so you need to choose do you want to be a go to manager, do you have the ability to lead diversified teams- can you bring the team together, can you motivate daily and can you hold accountable to daily results.